GAMMA Investing LLC Grows Stake in Cheniere Energy, Inc. (NYSE:LNG)

GAMMA Investing LLC lifted its position in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 25,232.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 342,241 shares of the energy company's stock after buying an additional 340,890 shares during the quarter. GAMMA Investing LLC owned approximately 0.15% of Cheniere Energy worth $79,195,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in LNG. WR Wealth Planners LLC grew its position in shares of Cheniere Energy by 373.1% during the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock worth $26,000 after buying an additional 97 shares in the last quarter. REAP Financial Group LLC boosted its position in Cheniere Energy by 150.0% during the fourth quarter. REAP Financial Group LLC now owns 125 shares of the energy company's stock valued at $27,000 after purchasing an additional 75 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in Cheniere Energy during the fourth quarter valued at about $29,000. Banque Transatlantique SA bought a new stake in Cheniere Energy during the fourth quarter valued at about $32,000. Finally, Nemes Rush Group LLC boosted its position in Cheniere Energy by 2,022.2% during the fourth quarter. Nemes Rush Group LLC now owns 191 shares of the energy company's stock valued at $41,000 after purchasing an additional 182 shares in the last quarter. Institutional investors own 87.26% of the company's stock.

Cheniere Energy Trading Up 1.1%

Shares of Cheniere Energy stock traded up $2.62 during trading hours on Thursday, hitting $243.51. The company's stock had a trading volume of 1,991,452 shares, compared to its average volume of 1,877,426. Cheniere Energy, Inc. has a twelve month low of $154.82 and a twelve month high of $257.65. The firm has a fifty day moving average of $229.15 and a 200-day moving average of $224.67. The stock has a market cap of $54.01 billion, a price-to-earnings ratio of 17.11 and a beta of 0.43. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07.

Cheniere Energy (NYSE:LNG - Get Free Report) last posted its earnings results on Thursday, May 8th. The energy company reported $1.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.81 by ($1.24). Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The firm had revenue of $5.44 billion for the quarter, compared to analyst estimates of $4.73 billion. During the same period in the previous year, the company posted $2.13 EPS. Cheniere Energy's revenue was up 28.0% on a year-over-year basis. Research analysts forecast that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, May 19th. Shareholders of record on Friday, May 9th were issued a dividend of $0.50 per share. The ex-dividend date was Friday, May 9th. This represents a $2.00 annualized dividend and a yield of 0.82%. Cheniere Energy's dividend payout ratio (DPR) is 14.63%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on LNG. Wall Street Zen downgraded Cheniere Energy from a "buy" rating to a "hold" rating in a research report on Friday, May 9th. Raymond James reaffirmed a "strong-buy" rating on shares of Cheniere Energy in a research report on Wednesday, April 23rd. Argus began coverage on Cheniere Energy in a research report on Tuesday, March 18th. They set a "buy" rating and a $255.00 price objective on the stock. Wolfe Research cut Cheniere Energy from an "outperform" rating to a "peer perform" rating in a research note on Wednesday, April 30th. Finally, Mizuho increased their price target on Cheniere Energy from $248.00 to $254.00 and gave the company an "outperform" rating in a research note on Tuesday, March 18th. Two analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $252.23.

Cheniere Energy Company Profile

Cheniere Energy, Inc, an energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States. It owns and operates the Sabine Pass LNG terminal in Cameron Parish, Louisiana; and the Corpus Christi LNG terminal near Corpus Christi, Texas. The company also owns Creole Trail pipeline, a 94-mile natural gas supply pipeline that interconnects the Sabine Pass LNG Terminal with several interstate and intrastate pipelines; and operates Corpus Christi pipeline, a 21.5-mile natural gas supply pipeline that interconnects the Corpus Christi LNG terminal with various interstate and intrastate natural gas pipelines.